Funding for K-12 Education in the CARES Act
Aug 31, 2020
School + State Finance Project Original Content
*Note: Originally published on May 19, 2020, this policy briefing was updated and republished on August 31, 2020 to include the most up-to-date data and information, as well as an addendum about additional funding to local education agencies for expenses necessary for operating during the coronavirus pandemic.*
On March 27, 2020, in response to the coronavirus pandemic, President Donald Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act is a $2.2 trillion package that provides emergency financial assistance to: individuals; state, local, and tribal governments; nonprofit organizations, including healthcare providers; and for-profit businesses. This policy briefing and FAQ document summarize the provisions of the CARES Act that impact elementary and secondary education in the United States, and details the $138.8 million the State of Connecticut is due to receive from the federal government in formulaic grant assistance to help the State and local educational agencies (LEAs) respond to the impact of the coronavirus pandemic.
School and State Finance Project. (2020). Funding for K-12 Education in the CARES Act. New Haven, CT: Author. Retrieved from http://ctschoolfinance.org/resources/uploads/files/Funding-for-Education-in-the-CARES-Act.pdf.